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In observance of Thanksgiving, there will not be an issue of PRSM Weekly on Friday, Nov. 23. However, a special edition will run on Monday, Nov. 26.

PRSM Association adds Janice Wynne to expand Canadian presence
PRSM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Professional Retail Store Maintenance Association (PRSM), the authority on retail and multi-site facilities management, announces the addition of Janice Wynne to support the expansion of membership across Canada and North America. Wynne, with more than 12 years' experience in commercial property and facilities management across many industry segments, including multi-site retail, joins PRSM Association at the start of its 2013 membership enrollment. In previous business development roles Wynne also supported Canadian and U.S. FM operations. More

Target to seek LEED certification for all 2013 Canadian stores
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target Corp. announced it is pursuing Leadership in Energy & Environmental Design (LEED) certification for all Canadian stores opening in 2013. Design plans include conserving energy and water, reducing greenhouse gas emissions and limiting waste sent to landfill, among other features. More

NRF: Up to 147 million shoppers to visit stores Black Friday weekend
National Retail Federation    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Not since 2007 has Thanksgiving come this early, but the calendar creep won’t keep millions of eager holiday shoppers from visiting their favorite stores and websites over Black Friday weekend. According to a preliminary Black Friday shopping survey, up to 147 million people plan to shop Black Friday weekend (Friday, Saturday and Sunday), a slight decrease from the 152 million who planned to do so last year. Specifically, 71 million said they would shop and another 76 million said they would wait and see what retailers have in-store that weekend. More

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Daylighting controls are becoming less complicated, more productive
FacilitiesNet    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In the past, daylighting controls got mixed reviews, with many lighting maintenance contractors complaining that such systems might be disconnected within a year due to occupant complaints. Changes to both design and cost are now making application of that option less complicated and more productive. While early systems included only indoor light sensors for controlling fixture output, today's designs include outdoor sensors (and appropriate control software) that avoid changes in lighting output due, for example, to a passing cloud. Greater compatibility among sensors, dimmers and dimming ballasts has addressed issues with linearity in control. More

Retail imports to increase 5.9 percent in November despite superstorm
Chain Store Age    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A report released by the National Retail Federation and Hackett Associates said that import cargo volume at the nation's major retail container ports is expected to increase 5.9 percent in November despite the temporary closure of some ports by Superstorm Sandy. More

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Target, Toys R Us join in Thanksgiving night openings
The Associated Press via Chicago Sun-Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Target Corp. will open its doors at 9 p.m. on Thanksgiving, three hours earlier than a year ago, and Toys R Us will open at 8 p.m., an hour earlier, to kick off the holiday shopping season. The retailers join several others, including Wal-Mart Stores Inc., that are opening earlier in the evening on the holiday and staggering deals over the two-day period. Over the years, stores have been expanding their hours on Black Friday to get ahead of the competition, but the kickoff is increasingly happening right after shoppers finish their turkey feast. More

Aeropostale buys e-retailer
Internet Retailer    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Women's fashion footwear and apparel e-retailer has a new owner. Aeropostale Inc. bought the e-retailer for an undisclosed sum. will complement Aeropostale's e-commerce business as it expands into new product categories, says Thomas P. Johnson CEO of Aeropostale, No. 114 in the Internet Retailer Top 500 Guide. More

Toronto's plastic bag ban set to start on New Year's Day    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Toronto's bag ban will go ahead Jan. 1, 2013 — but retailers who are slow to get rid of their stock of single-use plastic bags won't face charges until June. That was the recommendation approved by Toronto's public works and infrastructure committee, following a public hearings that frustrated many of those coming to depute. More


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Plastic waste could be used to generate power
Waste-Management World    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The recycling of plastics has shown an impressive increase in the total tonnage converted during the past three years. There are also exciting future possibilities for the use of plastic waste in energy generation and progress has been made in job creation, though labor and electricity issues are hindering recycling industry progress to some degree. More

On the new shopping list: Milk, bread, eggs and a mortgage
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
On a recent shopping trip to Costco, Lilly Neubauer picked up paper towels, lentils, carrots — and a home mortgage. While Neubauer, 27, said she was surprised to find the warehouse club selling financial products, she and her husband saved about $200 a month by refinancing there this year. She also bought home insurance from Costco, she said, again because it was cheaper there. More

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GI Partners sells 75 percent interest in Colorado's FlatIron Crossing back to Macerich
Retail Traffic    Share    Share on FacebookTwitterShare on LinkedinE-mail article
GI Partners sold its 75 percent stake in FlatIron Crossing, a 1.7-million-sq.-ft. class-A regional mall in Broomfield, Colo., to its joint venture partner Macerich. GI invested in the property in 2009. The sale generated a return of approximately two times GI's invested capital, and a gross internal rate of return of more than 25 percent to limited partners of GI Partners Fund III L.P. More

Starbucks to acquire Atlanta-based Teavana
The Atlanta Journal-Constitution    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In a move designed to help the company do for tea what it’s done for coffee, beverage giant Starbucks announced Wednesday it is buying Atlanta-based Teavana. The Seattle coffee company, hoping to become a bigger player in the $40 billion global tea category, confirmed rumors it was acquiring the 15-year-old mall-based Atlanta tea chain. More

7-Eleven closes purchase of Fast Track stores
Convenience Store News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
7-Eleven Inc. has completed the purchase of 12 convenience stores from Fast Track Inc. in North Carolina. The seller is J. C. Faw of Wilkesboro, N.C., according to the company. The newly purchased Fast Track stores are located in Elkin, King, Lexington, Thomasville, Kernersville, Lewisville, Clemmons, Winston-Salem, Hamptonville, Claremont, Statesville and Union Grove. More


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Study: Consumers ready to splurge on luxury items
Retailing Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Survey results released by Accenture found that half of U.S. consumers are likely to make a small luxury purchase in the next six months, including 53 percent who are likely to purchase specialty food or drinks, 48 percent to purchase luxury clothing and 48 percent to purchase luxury personal care products. More

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NEC unveils facial-recognition system to identify shoppers
PC Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The famous scene from Minority Report depicting a consumer walking into a Gap store and being instantly recognized, prompting the system to suggest new purchases based on that customer's purchase history, may have once seemed like an interesting movie fantasy, but it has now become reality. NEC has unveiled a new system in Japan that will allow stores to identify new and returning customers using facial recognition. More

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Colby Horton, Vice President of Publishing, 469.420.2601
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